Woodside Energy Group Ltd’s American depositary shares trading in New York edged down 0.7% to $22.19 late Friday. Brent crude, meanwhile, finished at $103.14 a barrel—topping $100 for the first time since August 2022. The S&P 500 dropped 0.6%. “Headlines were hitting markets like water from a fire hose,” said Mitch Reznick, group head of fixed income at Federated Hermes. The mismatch is hitting now, with Woodside particularly vulnerable given its focus on oil and LNG, the latter moved as a super-chilled cargo by sea. Analysts at Goldman Sachs are calling for Brent to average above $100 in March and $85 in April. In a prolonged disruption scenario, they’re pegging fourth-quarter Brent at an average of $93, and say spot